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What an interesting diversion? I am sure even you do not understand what you wrote. Where did you dub this from?

Now that my trading week has ended, I feel I should acquaint you with my results. The week was OK, except for Tuesday, when the market tanked big time, I was caught on the long side and fully leveraged. However, subsequent days got some gains, and I ended the week on the upside. Withdrew 7K...

Also I am not really a frenetic day-trader churning out dozens of trades a day. On the average I close four positions a day, and my average holding period is one business day (for example, end of one business day to the end of the following business day). Sometimes I buy pre-market or at the...

I use Ameritrade and IB. Some of my methods are automated (with little input from me when I am at work). Others I do when I have the time in my office (I will not take up a job with an employer that blocks access to my brokers!)

I funded my trading with money saved from my job (I still work full-time as an Information Technology specialist). Became aware of the markets in Dec 1999 (when the Nasdaq euphoria was peeking!), sent 16K to Datek (now Ameritrade), and started trading. Within 2 weeks I had lost 50% of the amount...

I trade equity and equity options

lol! I have been around for 7 years!! Lost money until October 2004 when I bottomed. Since then the curve has been upward, with occasional hiccups

Thanks. I believe I have the edge. I know looking at the figure for January, it would look bad, but I know the bad things occur when I disobey my rules. So hopefully I will disobey less. Last year (2006) I started the year 135K, made 126K, but withdrew about 170K mainly to fund a capital...

I have set this as my target for the remainder of 2007. I started the year with 91K, lost 30K in January. So far in February I am up 20K. Took out 5K in Early February. But inside me I know it is possible to take 76K to 500K from now (end of February) to the end of December. All I need is to be...

It is going down at least for some time. Maybe it goes down to about $90 to bottom. Experience shows that when a momentum stock with run-up like MA reverses from a 52-week high right after earnings, it keeps trending down for a while. Examples are AAPL and GOOG. Best of luck.

Faith is not blind acceptance of positions that contradicts the fact. It is a relaisation that our knowledge based on facts are incomplete. I think it is sheer arrogance to think our limited human intelligence can "auto-discover" everything about ourselves. It is like the computer one day coming...

The reality is that you cannot understand yourself without appeal to a higher source. It is just illogical (take it all the way back from evolution to the BIG BANG). Faith is not inability to deal with reality. It is a realisation that reality is incomplete without faith.

That is strange. The universe itself is a supernatural occurrence, and your transformation from hydrogren and helium to an intelligent human being. So to doubt the supernatural is itself doubting the natural

Isn't it surprising how the risk (drawdowns) rise rapidly with expected average returns? You would think that an average return of 1% per day was conservative until you realise that it entails maybe a standard deviation of say 15%? So what does that mean. You can expect 95% of your daily returns...

I do trade falling knives as well. In fact it is one of the earliest strategies I discovered in the stock market. But these days i do not buy indiscriminately. I normally wait for two-three days of fall, check out valuation and news triggering the fall, and buy and hold for a day or two. In the...

Glad to hear your perspectives. Since you already did it, what is your recommended course to qualifying to run a hedge fund in Canada. I am right now trading my own account as well as working. But I know there are a lot of regulatory and licensing requirements for the hedge fund business. For...

Your method assumes it is only a one-way street (3% on the upside. To get an average of 3% a trade, you're probably looking at possible distribution of returns like this: +15%, +4%, -10% (average is +3%) assuming you are not doing risky stocks. If you are capping your positive returns at 3%...